Welfare Contribution Clause Samples

Welfare Contribution. (1) The Company shall make an annual contribution to the Unions respectively for welfare, educational, social and other purposes benefiting the general membership of the Unions of an amount as agreed between the Company and the Union. Such contributions shall be paid annually in advance to the Unions. (2) The Company shall also pay contributions to the ITF Seafarers’ International Assistance, Welfare and Protection Fund in accordance with the terms of the ITF Special Agreement. (3) The Company shall be liable to the payment of the above contributions in respect of any vessel(s) that are covered by this Agreement.

Welfare Contribution. (1) The Company shall make an annual donation to the Singapore Organisation of Seamen for the general purposes benefitting the general membership of the Union. (2) The quantum of donation shall be agreed and included in a letter of exchange between the Company and Union. Such donation shall be paid annually in advance to the Union. (3) Donation shall be paid to the Union irrespective of the types of charters, employment of each vessel owned or managed by the Company.

Welfare Contribution. The Company agrees to make an hourly welfare contribution as indicated in Article 14 - Wage Schedule for each hour earned by the employees of the Company covered by this agreement, to the Labourers Multi-Local Welfare Trust Fund of Ontario, for each hour worked by the employees of the company covered by this agreement. Such contributions shall be paid by the 15th day of the month following the month such hours were worked, and shall be accompanied by a remittance report for each employee on a form prescribed by the Board of Trustees of the Fund. Each monthly report and contribution shall include all obligations arising from hours worked up to the close of the company's payroll ending nearest to the last day of the preceding calendar month.